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Motor Mouth: Fearless automotive predictions for 2023 and beyond
Breadcrumb Trail Links Motor Mouth Elon Musk becoming president, Toyota introducing a hydrogen piston-powered GR Corolla, and supply-chain shortages easing are a little of what’s ahead in the next 12 months Tesla, run by CEO Elon Musk, shown in this file photo, has signed an undisclosed deal with Vale for the supply of nickel to the electric car maker Photo by David McNew /Getty Article content As portensions of impending (automotive) apocalypse go, few match having the fate of the world’s most valuable automaker decided by Twitter poll. Forget that used-car prices are tanking faster than at any time in history, or that Canada is about to enact a ZEV…
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Global Automotive Aftermarket Market Report to 2031
DUBLIN, Dec. 29, 2022 /PRNewswire/ — The “Automotive Aftermarket By Application, By Distribution, By Vehicle Type, By Position: Global Opportunity Analysis and Industry Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s offering. Research and Markets Logo According to this report the automotive aftermarket was valued at $438.70 billion in 2021, and is estimated to reach $828.2 billion by 2031, growing at a CAGR of 6.2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} from 2022 to 2031. Aftermarket refers to the secondary market of the automotive industry, which is concerned with manufacturing, remanufacturing, distribution, and retailing. The aftermarket offers numerous choices to customers, where they can get their vehicles serviced, maintained, or customized. The aftermarket is gaining traction,…
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Automotive trends that need to die in 2023
The auto industry is rife with trends, from calling everything an ‘SUV’ to various design and technology features that proliferate across numerous brands and models. We’ve also seen a number of trends off the back of the COVID-19 pandemic such as supply shortages, freight delays and rising costs of materials, and therefore product. Here, the CarExpert team shares their top automotive trends that need to die out in 2023. Share yours with us in the comments! Alborz Fallah “Supply is limited”. No, it’s not… or it won’t be very soon The semiconductor issue is largely resolved, interest rates are through the roof and forward orders for new cars will start…
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If You’d Invested $3,000 in Rivian Automotive in 2021, This Is How Much You Would Have Today
Rivian Automotive (RIVN -7.32{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}) was one of the hottest IPOs of 2021. The maker of electric powered vehicles, SUVs, and vans went general public at $78 a share in November 2021, and it created a ton of buzz mainly because its prime investors ended up Amazon (AMZN -2.36{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}) and Ford Motor Corporation (F -1.41{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}). Rivian had also began mass-manufacturing its electric powered automobiles (EVs) in advance of its IPO, which created it look more trustworthy than other pre-generation EV makers that went community by merging with exclusive purpose acquisition organizations (SPACs). Rivian’s stock opened at $106.75 on the first working day and skyrocketed to an all-time large of $172.01 just…
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Top 10 automotive designs of 2022
We’ve been seeing a torrential and enjoyable downpour of automotive patterns at Yanko Design in 2022. Each automotive was ground breaking, bringing to us one thing we experienced hardly ever seen nor seasoned in advance of. From killer velocity to dashing excellent looks, to impenetrable safety expectations, every single automotive we showcased at YD broke some structure barrier for us, and with any luck ,, they did the exact same for you as perfectly. As a result, we’ve curated a selection of automotive models that we truly feel were being the ideal of the large amount in 2022. From an intriguing Apple Auto 1 notion to a Cybertruck-motivated Tesla Product…
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LMP Automotive under contract to sell 2 more dealerships as it continues plans for liquidation
Expanding Morgan Automotive Group of Tampa, Fla., bought two Florida Kia dealerships from LMP Automotive Holdings Inc. previous 7 days and purchased a Florida Stellantis retail outlet in a separate, unrelated November transaction. It marks the 3rd dealership sale announced by smaller car retailer LMP in three months. The Fort Lauderdale, Fla., firm claimed in a Monday information launch that it is below agreement to sell two extra dealerships and is promoting its two remaining franchised merchants. The deal for Kia of Cape Coral and Kia of Port Charlotte shut on Dec. 15, in accordance to Morgan Automotive CEO Brett Morgan. The dealerships’ names continue being, he stated. “That was…
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